What are analysts really good at?
Sell-side analysts employ different benchmarks when defining their stock recommendations. Forexample, a ‘buy’ for some brokers means the stock is expected to outperform its peers in the same sector(“industry benchmarkers”), while for other brokers it means the stock is expected to outperform themark...
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Format: | text |
Language: | English |
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Institutional Knowledge at Singapore Management University
2012
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Online Access: | https://ink.library.smu.edu.sg/lkcsb_research/5413 https://ink.library.smu.edu.sg/context/lkcsb_research/article/6412/viewcontent/SSRN_id1961199.pdf |
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Institution: | Singapore Management University |
Language: | English |